E-PaperAlternative Mechanism News
Arun Jaitley-led ministerial panel to study PSU bank merger proposals
A report on the bank merger proposals cleared by the ministerial panel, referred to as the alternative mechanism, will be sent to the cabinet every three months, says the finance ministry
2 min read2 Nov 2017Govt sets up Arun Jaitley-panel to oversee PSU bank mergers
PSU bank mergers are seen as the next step in banking reforms after the Rs2.11trillion bank recapitalisation plan announced earlier in October
2 min read30 Oct 2017Cabinet approves new mechanism to speed up strategic disinvestment
The Union Cabinet has mandated a panel led by finance minister Arun Jaitley to oversee, accelerate strategic disinvestments in CPSEs
2 min read17 Aug 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared